What Is the Purpose of a Departmental Overhead Cost Report

question 93

Multiple Choice

What is the purpose of a departmental overhead cost report?

• A)to control corporate labour costs
• B)to allocate uncontrollable costs
• C)to determine the cause of any misuse of costs
• D)to control overhead costs

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Definitions:

Consumption

The use of goods and services by households or individuals for personal satisfaction or to fulfill needs.

Mercedes

A German global automobile marque known for luxury vehicles, buses, coaches, and trucks.

Income

Regularly received financial returns from participation in work or through the investment of capital.

Buicks

A brand of automobiles produced by the American automotive manufacturer General Motors (GM), known for its range of sedans, SUVs, and crossovers.